Succession planning of a family business is no easy work – there are many considerations to make on the company and the family level. One of the common questions to be answered is whether the family members are competent enough to run the family business. If you are a financial
Every investment advisor needs to have a calm outlook when turning prospects into clients. If you have an intense demeanor that screams, “it’s either my way or the highway,” then you are on the right blog. Much like everything else in life, investment is not a one-size-fits-all phenomenon. Therefore, we
It was Pablo Picasso who said, “I am always doing that which I cannot do, so that I may learn how to do it.” Even in the Banking, Financial Services, and Insurance sectors, the road to success is no different from achieving greatness in art. Professionals must challenge themselves to
Market volatility is a reality that no investment policy can avoid. As a financial adviser who is set to help his/ her HNW and UHNW clients, you have to help them understand why this happens and how to make the most of it. We understand Discussing Market Volatility with Clients can
Indexed universal life ( IUL ) insurance is a product that can be moulded according to your financial planning. With Index universal insurance, you can gain lifelong coverage. The life insurance payout is paid to your successors tax-free. Some universal life policies also build cash value, with gains growing tax-free.
The world we live in is changing fast and anyone who is unable to adapt to the new ways is likely to be left behind. For wealth managers, this fast-paced way forward is giving rise to a brand-new problem that they must adjust to How to Sell Insurance to Millennials? How
Many advisors understand we’re on the edge of a giant wealth transfer. According to o Cerulli Associates, over the following 25 years, $60 trillion in assets were foreseen, to pass on to future generations. Are you involving your client’s children? Research conducted by Janus Henderson Investors, Financial Planning Association, and
The advent of technology in the world around us is not separated from the wealth management industry. With time, the financial sector is going through its own radical transformation. This top Wealth Management Trends for 2021 article will provide you in-depth knowledge about these important changes and the evolution of the
India is one of the major developing hives for HNIs (high net-worth individuals); every year, there is a rise in HNIs capitalizing and residing in this vivid country. And it is expected that the number of HNIs present will surge by136% by 2025, reaching up to 5.54 lakhs. For you
Investment Philosophies followed by UHNIs Protected capital growth and alpha generation – these are the most common goals shared by UHNIs in modern times. What are the Investment Philosophies followed by UHNIs? While there are thousands of books piled up on how to start your entrepreneurial journey and becoming a
